Market Preview for Tuesday (Tommorrow)
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K.Karthik Raja
Apr 7, 2008, 7:05:19 AM4/7/08
to Kences1
Equity Alert: Share indices seen up Tue; Nifty resistance at 4900
Key share indices are likely to extend gains Tuesday after
falling 6% last week, as investors will cover their positions ahead of
Jan-Mar earnings.
Overnight trend in U.S. market will also give direction to local
bourses.
A lot will depend on movement of U.S. markets as well. If it ends
up our markets should open up 1% (Tuesday)
Nifty will face resistance at 4917, while resistance for Sensex is
seen around 16118,
Tomorrow (Tuesday), markets will sustain the positive bias
throughout the day, if global markets are firm
Key share indices are likely to extend gains Tuesday after
falling 6% last week, as investors will cover their positions ahead of
Jan-Mar earnings.
Overnight trend in U.S. market will also give direction to local
bourses.
A lot will depend on movement of U.S. markets as well. If it ends
up our markets should open up 1% (Tuesday)
Nifty will face resistance at 4917, while resistance for Sensex is
seen around 16118,
Tomorrow (Tuesday), markets will sustain the positive bias
throughout the day, if global markets are firm
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